Funding you earn now, next payment 08:00 UTC+0.0564%/8h= +61.7% APRpaid last 24h +0.007%
Price spread now: edgeX against Aster−0.063%50s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2452.449% of the position
Funding, last 7 days+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.063%, 7d avg −0.013%
=Together, before fees+0.115%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.050% cheaper against Aster than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.013%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.072% in total) that is about 4.8 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.072% in total (about 3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster WDCUSDT | 444.76 | 0 | get 0.0000% / 8h | 2h 54m | $10K | $115K | 20x |
| Short | edgeX WDCUSDC | 444.48 | 0.0564 | get 0.0282% / 4h | 2h 54m | $49K | $229K | 10x |
Aster WDCUSDT
edgeX WDCUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $118.39
- Price spread: −0.063% → −0.013%
- −$4.99
- Slippage, 4 orders
- −$227.91
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$131.51
- Costs to cover
- 2.449%
- Break-even
- 14.8 days
Slippage from Aster: live order book, 56 min ago; edgeX: live order book, 57 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 56 min ago | 4.45 bp | 104.2 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 57 min ago | 2.00 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDT | −0.0138% | 8h | 444.89 | +0.030% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | −0.0010% | 8h | 445.12 | +0.081% | $143K | $94K | 20x | as long as short |
| Aster WDCUSDTlong | 0.0000% | 8h | 444.76 | long leg | $10K | $115K | 20x | |
| Extended WDC-USD | 0.0000% | 1h | 444.61 | −0.033% | $6K | $165K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 444.74 | −0.003% | $7.3M | $25.2M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 444.95 | +0.043% | $1.9M | $865K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 444.80 | +0.009% | $1.9M | $2.4M | 50x | as long as short |
| GRVT WDC_USDT_Perp | 0.0000% | 8h | 444.90 | +0.032% | $521 | $155K | 10x | as long as short |
| QFEX WDC-USD | +0.0018% | 1h | 444.32 | −0.099% | $1.1M | $3.2M | 10x | as long as short |
| Lighter WDC | +0.0032% | 1h | 444.44 | −0.072% | — | — | 10x | as long as short |
Bitget WDCUSDT
BloFin WDC-USDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
GRVT WDC_USDT_Perp
QFEX WDC-USD
Lighter WDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0050% | 1h | 444.39 | −0.083% | $2.3M | $2.1M | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0067% | 8h | 445.20 | +0.099% | $2.1M | $4.1M | 20x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 444.65 | −0.024% | $272K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 444.50 | −0.058% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 444.60 | −0.036% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 444.60 | −0.036% | $33K | $8K | 10x | as long as short |
| edgeX WDCUSDCshort | +0.0564% | 4h | 444.48 | −0.063% | $49K | $229K | 10x |
tradeXYZ xyz:WDC
OKX WDC-USDT-SWAP
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT